Private mortgage insurance, or PMI, has long been considered an expensive but necessary evil for homebuyers – especially first-timers without large down payments. There are several ways to get a ...

Today, many borrowers are able to get into a home with as little as 3% down. But these low down payments come with a cost: Mortgage insurance. Mortgage insurance is designed to protect the lender ...

According to the Small Business Administration, you can do this by opening a business bank account, getting a Data Universal Numbering System number (which allows you to build credit for your business ...

Before you get too deep into the mortgage application ... pay attention to closing costs, origination fees, mortgage insurance, discount points and other expenses that can tack on thousands ...

Life insurance isn’t for everyone. Here’s how to figure out if you need coverage, calculate how much to get, and the most ...

He writes and edits content about personal finance ranging from savings to investing to insurance ... some calculations and be aggressive to get a mortgage interest rate below 6% right now.

Though conforming loans allow down payments as low as 3%, if you put more than 20% down, you won't have to pay for private mortgage insurance. You'll need a minimum 620 credit score to get one of ...

VA and USDA loans do not have mortgage insurance but instead have separate fees. How can you get rid of mortgage insurance? You can get rid of mortgage insurance in many ways, including paying ...

Here’s how to get rid of FHA mortgage insurance premiums. No matter how large a down payment FHA borrowers make, they’re required to pay FHA mortgage insurance premiums. FHA mortgage insurance ...